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MN Regular Public School District 2 Schools

TRUMAN PUBLIC SCHOOL DISTRICT

TRUMAN, MN 56088 • Martin County • 2 Operating Schools
(507) 776-2111
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 241 students
Census F-33 • FY 2024
Total Revenue
$5,730,000
Total Expenditure
$5,368,000
Classroom Instruction
$3,020,000
Outstanding Debt
$285,000

Revenue Sources

State Government Funds: $3,781,000 (66%) Local Taxes & Fees: $1,386,000 (24.2%) Federal Aid: $563,000 (9.8%)
State Government Funds $3,781,000 66%
Local Taxes & Fees $1,386,000 24.2%
Federal Aid $563,000 9.8%
Total Revenue $5,730,000 100.0%

Expenditure Allocation

Classroom Instruction: $3,020,000 (56.3%) Support Services: $1,335,000 (24.9%) Capital Outlays: $384,000 (7.2%) Other / Operations: $629,000 (11.7%)
Classroom Instruction $3,020,000 56.3%
Support Services $1,335,000 24.9%
Capital Outlays $384,000 7.2%
Other / Operations $629,000 11.7%
Total Expenditure $5,368,000 100.0%

Financial Comparison & Trends Chart

$0$7,000$14,000$21,000$28,000FY 2020 Revenue/Student: $19,026$19,026FY 2020 Expenditure/Student: $16,607$16,607FY 2020229 stdsFY 2021 Revenue/Student: $19,634$19,634FY 2021 Expenditure/Student: $17,247$17,247FY 2021243 stdsFY 2022 Revenue/Student: $20,154$20,154FY 2022 Expenditure/Student: $18,660$18,660FY 2022253 stdsFY 2023 Revenue/Student: $20,874$20,874FY 2023 Expenditure/Student: $21,142$21,142FY 2023246 stdsFY 2024 Revenue/Student: $23,776$23,776FY 2024 Expenditure/Student: $22,274$22,274FY 2024241 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $23,776

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 241 $5,730,000 $5,368,000 $3,020,000 $384,000 $285,000
FY 2023 246 $5,135,000 $5,201,000 $2,785,000 $206,000 $33,000
FY 2022 253 $5,099,000 $4,721,000 $2,572,000 $237,000 $87,000
FY 2021 243 $4,771,000 $4,191,000 $2,344,000 $275,000 $180,000
FY 2020 229 $4,357,000 $3,803,000 $2,121,000 $246,000 $265,000